Term Loan Maximum Amount means the "Maximum Term Principal Obligations" as defined in the Intercreditor Agreement (as in effect on the date hereof or as amended pursuant to an amendment agreed to in writing by the Lender and the Term Loan Agent).
Term Loan Maximum Amount means $150,000,000.
Term Loan Maximum Amount means the outstanding Indebtedness under the Term Loan Credit Agreement plus $100,000,000.
Examples of Term Loan Maximum Amount in a sentence
The aggregate outstanding amount of Tranche B Term Loan Advances shall not exceed the Tranche B Term Loan Maximum Amount.
Subject to the terms and conditions of this Agreement, each Term Loan Lender severally agrees to make, prior to the Term Loan Advancing Termination Date, one or more advances to Borrowers in an amount not to exceed such Term Loan Lender’s Term Loan Commitment for the purposes set forth in Section 5.10 (and the amount of all such advances of Term Loans made by all Term Loan Lenders in the aggregate shall not to exceed the Term Loan Maximum Amount).
On the proposed date of a Credit Extension, after giving effect to all Credit Extensions so requested on such date, the aggregate principal amount of all advances of Term Loans made by all Lenders in the aggregate plus the aggregate principal amount of all Term Loans previously repaid (or prepaid) does not exceed the Term Loan Maximum Amount.
The aggregate outstanding amount of Tranche A Term Loan Advances shall not exceed the Tranche A Term Loan Maximum Amount.
Subject to the terms and conditions hereof, each Term Loan Bank, severally and for itself alone, agrees to make Advances of the Term Loan to the Borrowers from time to time on any Business Day during the Term Loan Funding Period in an aggregate amount not to exceed at any one time outstanding such Bank's Percentage of the Term Loan Maximum Amount.
More Definitions of Term Loan Maximum Amount
Term Loan Maximum Amount means the "Maximum Term Principal Obligations" as defined in the Intercreditor Agreement (as in effect on the date hereof or as amended pursuant to an amendment agreed to in writing by the Lender and the Term Loan Agent (including that certain Second Amendment to Intercreditor Agreement dated as of the Second Amendment Effective Date)).
Term Loan Maximum Amount means the amount set forth in Schedule 2.1 as the “Term Loan Maximum Amount”, as such amount may be adjusted from time to time in accordance with this Agreement; provided that the Term Loan Maximum Amount shall not exceed $55,000,000 at any time.
Term Loan Maximum Amount as of any date of determination, an aggregate amount equal to the lesser of (a) the Term Loan Advance Percentage of the Brand NOLV as of such date, and (b) the result of (i) $7,500,000 minus (ii) the aggregate amount of all (A) regularly scheduled payments of principal pursuant to Section 5.3.1 and (B) mandatory prepayments of principal pursuant to Section 5.3.2, in each case, made or required to be made in respect of the Term Loans on or prior to such date (other than mandatory prepayments required to be made in respect of the Term Loans on such date pursuant to Section 5.3.2(a)), minus (iii) the aggregate amount of all voluntary prepayments of the Term Loans made on or prior to such date.
Term Loan Maximum Amount means, as of any date of determination, the result of (a) (i) $82,500,000 and (ii) interest (including any payment-in-kind interest), fees, indemnities and expenses arising under any Term Loan Document (including any such amounts which would accrue and become due but for the commencement of an Insolvency Proceeding, whether or not such amounts are allowed or allowable in whole or in part in such case) (in the case of interest and fees, solely to the extent accrued on, or related to, the portion of the principal amount set forth in clause (a)(i)), minus (b) the sum of all principal payments of the loans under the Term Loan Agreement after the date hereof.
Term Loan Maximum Amount means, as of any date of determination, the resultsum of (a) the sumface amount of (i) $44,000,000the Standby Letter of Credit, plus (ii) if provided pursuant to a DIP Financing, an additional $4,000,0007,100,000, plus interest, fees (iii) all Reimbursement Obligations under and other charges paid to the Term Loan Lenders solely “in kind” in the form of increases of the principal amount of the Loans (as defined in the Term LoanReimbursement Agreement) (in lieu of, and not in duplication of, cash payments of such amounts), minus (b) the aggregate amount of all principal payments of Term Loan Obligations actually made in cash. Any refinancing of the Term Loan Obligations permitted under this Agreement shall not be deemed to constitute a principal payment of Term Loan Obligations for the purposes of this definitionany permanent reductions in the face amount of the Standby Letter of Credit.
Term Loan Maximum Amount means Three Million Dollars ($3,000,000).
Term Loan Maximum Amount means the Term Loan Amount; provided, that such amount shall be permanently reduced (i) by an amount equal to each payment of the Term Loan made or required to be made pursuant to Section 2.2 of this Agreement, each prepayment of the Term Loan made pursuant to Section 2.4(d)(ii), and each prepayment of the Term Loan made or required to be made pursuant to Section 2.4(e) of this Agreement, in each case as of the date of such payment or such prepayment (or, if any payment of the Term Loan required to made pursuant to Section 2.2 of this Agreement or any prepayment of the Term Loan required to be made pursuant to this Section 2.4(e) of this Agreement is not made when required to be made, as of the date that such payment or such prepayment is required to be made), and (ii) on the date Agent notifies Borrowers of Agent's receipt of an Acceptable Appraisal of IP, by the amount, if any, by which the Term Loan Maximum Amount on such date is in excess of 25% of the FMV of Eligible IP based on such appraisal. “Term SOFR” means the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body. “Trademark Security Agreement” has the meaning specified therefor in the Guaranty and Security Agreement. “TTM EBITDA” means, as of any date of determination, EBITDA of Borrowers determined on a consolidated basis in accordance with GAAP, for the 12 month period most recently ended. “UCP” means, with respect to any Letter of Credit, the Uniform Customs and Practice for Documentary Credits 2007 Revision, International Chamber of Commerce Publication No. 600 and any version or revision thereof accepted by Issuing Bank for use. “Unadjusted Benchmark Replacement” means the Benchmark Replacement excluding the Benchmark Replacement Adjustment. “Unfinanced Capital Expenditures” means Capital Expenditures (a) not financed with the proceeds of any incurrence of Indebtedness (other than the incurrence of any Revolving Loans), the proceeds of any sale or issuance of Equity Interests or equity contributions, the proceeds of any asset sale (other than the sale of Inventory in the ordinary course of business) or any insurance proceeds, and (b) that are not reimbursed by a third person (excluding any Loan Party or any of its Affiliates) in the period such expenditures are made pursuant to a written agreement. “United States” means the United States of America. “Unused Line Fee” has the meaning specified therefor in Section 2.10(b) of this Agre...